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Tackle Today: Learn to think and act like a trader

December 1, 2020

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Stock Market’s extend gains Tuesday

Traders,

When you find a great trading setup, how do you decide exactly when to enter? If you enter a trade, did you use options or equity as your trading vehicle? Why did you choose the product you did? When you build that trade, how much capital are you risking relative to your account size?

These are important questions to be able to ask and answer as a trader. Building your skills through practice trading, study, taking courses and attending classes with the coaches is a great way to gain confidence so that when trading setups develop in the market you can ACT on them.

Learning to think like a trader requires proper training. Learning to act like a trader requires experience. First, get the training you need via educational courses and study time. Second, get the experience you need through practicing the strategies and tactics you learn.

Last night, Coach Noah taught a class on our YouTube channel, where he showed the team how to find and execute a trade using some of the resources at Tackle Trading. I really enjoyed how he explained the mindset behind taking trades, and he showed some great examples during the webinar of how he builds trades and uses the scouting reports. If you did not get a chance to watch it, catch the replay below. If you are a developing trader, I’m sure you’ll get some value from the class. And, if you’re looking for a discount for either our Annual PRO Subscription or the STEP System Course you can sign up for those products right now via our sales promotion that Noah discusses at the end of the class.

If you have any questions about the promotion, you can email us at team@tackletrading.com and Coach Mark will answer them. Review the sale here: https://tackletrading.com/store/pro-campaigns/holiday-special-2020/

#TeamTackle


Chart of the Day

CROX Daily Chart

During last night’s webinar, Coach Noah used CROX as an example from our weekend reports. The stock is in a bullish retracement pattern, waiting on a trigger to confirm the entry point, and has nice potential reward to risk. If you want to learn how to set a Stop, Target, Entry and Position Size a trade like CROX, you should take the STEP System course at Tackle Trading.


Video of the Day

How to Use Tackle Trading to Find Trades + Cyber Monday Promo

Last night, Coach Noah did a fantastic job teaching #TeamTackle how to find a trade using Tackle Trading’s resources. He also explained our current sales promotion we are having where our Annual Pro and STEP System course are on sale.


Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show 8:30 PM EST

This is our weekly MasterMind group. Join the coaches tonight, 8:30pm EST to discuss the markets and help you prepare for the week.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.


Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

Sign up now for a 15-DAY FREE TRIAL #


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Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

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